Here's how to trade good bitcoin and altcoins so you can profit

[derihendra]

For the new bitcoin trading world, surely they will lose because of less knowledge and experience, from my experience, first time I just know trading, I tried it directly without knowledge and experience, the result I always lose, for friends who want to learn trading this is his way so you still get a profit in trading bitcoin or other altcoins.

1. Daily Trade vs Long-Term / Holding Assets

The first thing you need to decide when going to trade in the bitcoin market is your attitude at the time of investing. Do you want to make money quickly? Do you think that bitcoin is the future and holding it in the long run is the best option? By understanding the time period of your investment, you can find out which trading strategy is more suitable for your needs. If you're someone who thinks bitcoin could be worth millions of dollars someday, then you'll probably stick with long-term trading strategies. If you only intend to profit from the bitcoin price movement, it is perfect if you use short-term trading strategies.

2. Long Game

If you want to play long games, then you need to plan your bitcoin purchases in the right way. Although bitcoin prices may change rapidly in just one day, it is important to remember that your strategy is not to trade or trade cryptocurrencies daily. Just because you see the price drop does not mean that you should automatically place a new buy order on the exchange exchange. If you are going to place a bitcoin purchase for long-term speculation, then you should place your order in regular intervals.

For example, let's say you get a salary from your work every two weeks. To plan your long-term bitcoin game on a speculative strategy, you will only take a small percentage of your salary every two weeks and use it to buy Bitcoin in exchange exchanges. You can even divide that amount to half and make your purchase every week instead of every two weeks. The point of this trading strategy is twofold. First, you take price fluctuations from the equation (for the most part). In other words, you might avoid scenarios where you buy 20 Bitcoin at the peak price and then have no cash left to buy bitcoin when the price drops sharply / dip. Second, this strategy completely removes the greed and emotion of the equation. As long as you stick to your original plan and purchase Bitcoin at the same time on the same day each week, you will not have to worry about getting caught in a price or sales bubble when the price drops sharply. This will reduce the possibility of purchasing bitcoins at high prices and selling them at low prices.

3. Daily Trading Strategy

If you are only aiming for a quick profit from the Bitcoin price movement in the short term, then you will see some strategies that are shared on new posts as the basics of bitcoin trading. Tracking indicators such as support, resistance, and moving averages can provide a good idea for making a purchase or sale. Combining multiple indicators into your own trading strategy will usually be the best recipe for success.

If you choose a different indicator to track the bitcoin price every day, then you should make sure to re-test your strategy before you involve real money into your game. A trial is a way to see how a particular trading strategy will have the same fate in the past. While past trends may not necessarily match future price movement indicators, these backrests can give you a good idea whether or not this collection of price indicators could be able to predict price movements in the past.

4. Risk Management

Once you have chosen your trading strategy, it's time to think about how you will manage your risk. The good news is that having a trading strategy is a good step in the right direction in managing risk. In order to properly manage risks associated with trading on the bitcoin market, it is important to plan your trade. This is where your trading strategy goes into the game. Therefore, trading planning is the initial preparation of a battle. In addition to trading planning, you also have to "trade / trade according to your plan."

If you trade Bitcoin for a long period of time, then you just have to think about how much your assets will be put into bitcoin. In other words, the risk management process only comes into the right money management tactics. It's important to remember that bitcoin is still a high-risk, long-term speculation, and you should place a small amount of your entire asset portfolio into the digital currency. In many situations, the best way to manage your risk is to make sure that you do not put your children's savings or tuition into bitcoin investments. Remember, you only need speculation regarding the amount of money you use and must be ready to lose your money.

5. Stop-Loss and Take-Profit

If you are a daily trader, then you should know about stop-loss and take-profit points. This is the price level at which you will exit the trade. For example, if you think that bitcoin prices have reached the support level and there is no sign that the price can not break the support level and go lower then you may want to place a buy order in this situation. However, you must have a plan when you will get out of that trade before you enter and do your trade. The stop-loss point is the price you set to sell bitcoin if bitcoin prices continue to decline, while the take-profit point is the point where you will sell bitcoin and take your profits. By planning your point of sale before you place a buy order, you indirectly involve emotion and selfishness along with your plan. All decisions to trade with this plan will make it easier for you to make a profit, as long as the decision still involves your logic.

By the way above may you get a lot of benefits.

[1713956981]

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[1713956981]

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[1713956981]

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[1713956981]

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[1713956981]

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[iillaa]

Wait !  Am i  in the wrong section  or you are posting trading advices in meta ??  Am confused  now

[cotiniber]

For the new bitcoin trading world, surely they will lose because of less knowledge and experience, from my experience, first time I just know trading, I tried it directly without knowledge and experience, the result I always lose, for friends who want to learn trading this is his way so you still get a profit in trading bitcoin or other altcoins.

1. Daily Trade vs Long-Term / Holding Assets

The first thing you need to decide when going to trade in the bitcoin market is your attitude at the time of investing. Do you want to make money quickly? Do you think that bitcoin is the future and holding it in the long run is the best option? By understanding the time period of your investment, you can find out which trading strategy is more suitable for your needs. If you're someone who thinks bitcoin could be worth millions of dollars someday, then you'll probably stick with long-term trading strategies. If you only intend to profit from the bitcoin price movement, it is perfect if you use short-term trading strategies.

2. Long Game

If you want to play long games, then you need to plan your bitcoin purchases in the right way. Although bitcoin prices may change rapidly in just one day, it is important to remember that your strategy is not to trade or trade cryptocurrencies daily. Just because you see the price drop does not mean that you should automatically place a new buy order on the exchange exchange. If you are going to place a bitcoin purchase for long-term speculation, then you should place your order in regular intervals.

For example, let's say you get a salary from your work every two weeks. To plan your long-term bitcoin game on a speculative strategy, you will only take a small percentage of your salary every two weeks and use it to buy Bitcoin in exchange exchanges. You can even divide that amount to half and make your purchase every week instead of every two weeks. The point of this trading strategy is twofold. First, you take price fluctuations from the equation (for the most part). In other words, you might avoid scenarios where you buy 20 Bitcoin at the peak price and then have no cash left to buy bitcoin when the price drops sharply / dip. Second, this strategy completely removes the greed and emotion of the equation. As long as you stick to your original plan and purchase Bitcoin at the same time on the same day each week, you will not have to worry about getting caught in a price or sales bubble when the price drops sharply. This will reduce the possibility of purchasing bitcoins at high prices and selling them at low prices.

3. Daily Trading Strategy

If you are only aiming for a quick profit from the Bitcoin price movement in the short term, then you will see some strategies that are shared on new posts as the basics of bitcoin trading. Tracking indicators such as support, resistance, and moving averages can provide a good idea for making a purchase or sale. Combining multiple indicators into your own trading strategy will usually be the best recipe for success.

If you choose a different indicator to track the bitcoin price every day, then you should make sure to re-test your strategy before you involve real money into your game. A trial is a way to see how a particular trading strategy will have the same fate in the past. While past trends may not necessarily match future price movement indicators, these backrests can give you a good idea whether or not this collection of price indicators could be able to predict price movements in the past.

4. Risk Management

Once you have chosen your trading strategy, it's time to think about how you will manage your risk. The good news is that having a trading strategy is a good step in the right direction in managing risk. In order to properly manage risks associated with trading on the bitcoin market, it is important to plan your trade. This is where your trading strategy goes into the game. Therefore, trading planning is the initial preparation of a battle. In addition to trading planning, you also have to "trade / trade according to your plan."

If you trade Bitcoin for a long period of time, then you just have to think about how much your assets will be put into bitcoin. In other words, the risk management process only comes into the right money management tactics. It's important to remember that bitcoin is still a high-risk, long-term speculation, and you should place a small amount of your entire asset portfolio into the digital currency. In many situations, the best way to manage your risk is to make sure that you do not put your children's savings or tuition into bitcoin investments. Remember, you only need speculation regarding the amount of money you use and must be ready to lose your money.

5. Stop-Loss and Take-Profit

If you are a daily trader, then you should know about stop-loss and take-profit points. This is the price level at which you will exit the trade. For example, if you think that bitcoin prices have reached the support level and there is no sign that the price can not break the support level and go lower then you may want to place a buy order in this situation. However, you must have a plan when you will get out of that trade before you enter and do your trade. The stop-loss point is the price you set to sell bitcoin if bitcoin prices continue to decline, while the take-profit point is the point where you will sell bitcoin and take your profits. By planning your point of sale before you place a buy order, you indirectly involve emotion and selfishness along with your plan. All decisions to trade with this plan will make it easier for you to make a profit, as long as the decision still involves your logic.

By the way above may you get a lot of benefits.

This is a long copy pasting from an article in steemit without showing the link:
https://steemit.com/indonesia/@bukuelah/trading-bitcoin-choosing-and-risk-management-2017119t112234729z

[derihendra]

For the new bitcoin trading world, surely they will lose because of less knowledge and experience, from my experience, first time I just know trading, I tried it directly without knowledge and experience, the result I always lose, for friends who want to learn trading this is his way so you still get a profit in trading bitcoin or other altcoins.

1. Daily Trade vs Long-Term / Holding Assets

The first thing you need to decide when going to trade in the bitcoin market is your attitude at the time of investing. Do you want to make money quickly? Do you think that bitcoin is the future and holding it in the long run is the best option? By understanding the time period of your investment, you can find out which trading strategy is more suitable for your needs. If you're someone who thinks bitcoin could be worth millions of dollars someday, then you'll probably stick with long-term trading strategies. If you only intend to profit from the bitcoin price movement, it is perfect if you use short-term trading strategies.

2. Long Game

If you want to play long games, then you need to plan your bitcoin purchases in the right way. Although bitcoin prices may change rapidly in just one day, it is important to remember that your strategy is not to trade or trade cryptocurrencies daily. Just because you see the price drop does not mean that you should automatically place a new buy order on the exchange exchange. If you are going to place a bitcoin purchase for long-term speculation, then you should place your order in regular intervals.

For example, let's say you get a salary from your work every two weeks. To plan your long-term bitcoin game on a speculative strategy, you will only take a small percentage of your salary every two weeks and use it to buy Bitcoin in exchange exchanges. You can even divide that amount to half and make your purchase every week instead of every two weeks. The point of this trading strategy is twofold. First, you take price fluctuations from the equation (for the most part). In other words, you might avoid scenarios where you buy 20 Bitcoin at the peak price and then have no cash left to buy bitcoin when the price drops sharply / dip. Second, this strategy completely removes the greed and emotion of the equation. As long as you stick to your original plan and purchase Bitcoin at the same time on the same day each week, you will not have to worry about getting caught in a price or sales bubble when the price drops sharply. This will reduce the possibility of purchasing bitcoins at high prices and selling them at low prices.

3. Daily Trading Strategy

If you are only aiming for a quick profit from the Bitcoin price movement in the short term, then you will see some strategies that are shared on new posts as the basics of bitcoin trading. Tracking indicators such as support, resistance, and moving averages can provide a good idea for making a purchase or sale. Combining multiple indicators into your own trading strategy will usually be the best recipe for success.

If you choose a different indicator to track the bitcoin price every day, then you should make sure to re-test your strategy before you involve real money into your game. A trial is a way to see how a particular trading strategy will have the same fate in the past. While past trends may not necessarily match future price movement indicators, these backrests can give you a good idea whether or not this collection of price indicators could be able to predict price movements in the past.

4. Risk Management

Once you have chosen your trading strategy, it's time to think about how you will manage your risk. The good news is that having a trading strategy is a good step in the right direction in managing risk. In order to properly manage risks associated with trading on the bitcoin market, it is important to plan your trade. This is where your trading strategy goes into the game. Therefore, trading planning is the initial preparation of a battle. In addition to trading planning, you also have to "trade / trade according to your plan."

If you trade Bitcoin for a long period of time, then you just have to think about how much your assets will be put into bitcoin. In other words, the risk management process only comes into the right money management tactics. It's important to remember that bitcoin is still a high-risk, long-term speculation, and you should place a small amount of your entire asset portfolio into the digital currency. In many situations, the best way to manage your risk is to make sure that you do not put your children's savings or tuition into bitcoin investments. Remember, you only need speculation regarding the amount of money you use and must be ready to lose your money.

5. Stop-Loss and Take-Profit

If you are a daily trader, then you should know about stop-loss and take-profit points. This is the price level at which you will exit the trade. For example, if you think that bitcoin prices have reached the support level and there is no sign that the price can not break the support level and go lower then you may want to place a buy order in this situation. However, you must have a plan when you will get out of that trade before you enter and do your trade. The stop-loss point is the price you set to sell bitcoin if bitcoin prices continue to decline, while the take-profit point is the point where you will sell bitcoin and take your profits. By planning your point of sale before you place a buy order, you indirectly involve emotion and selfishness along with your plan. All decisions to trade with this plan will make it easier for you to make a profit, as long as the decision still involves your logic.

By the way above may you get a lot of benefits.

This is a long copy pasting from an article in steemit without showing the link:
https://steemit.com/indonesia/@bukuelah/trading-bitcoin-choosing-and-risk-management-2017119t112234729z

I added a word from the post, so can not say plagiarism, because his article is not original anymore, because there is a new color in the post

[cotiniber]

I added a word from the post, so can not say plagiarism, because his article is not original anymore, because there is a new color in the post

I didn't understand what you meant.  His article is of course the original one.  Even if you added some words or colors, if most part of the OP comes from the article without showing the link to the external source appropriately, it is a plagiarism.

[Neymar10]

Very good and the right topic. Because the trades are very risky and you have to worry about all aspects of trade

[LoneWolfZ]

Hmm i'm seeing these strategies over and over again but for a reason it's not working for me this daily trade thing
Most of the time i end in a lose maybe because i get afraid fast and sell in 2 or 3 percent loss
I don't know

[Nichao]

plagiat without link, and in a wrong thread... bad work